Archive for March, 2013

N4692Z Appraisal

Sunday, March 31st, 2013

N4962Z Online Appraisal Report

1967 BELL UH-1E

Engine -LYCOMING T53-L11D

Click here for more pictures.

The aircraft is based at Beaver County Airport (KBVI) in Beaver Falls, Pennsylvania.  The aircraft is certified in the restricted category and is set up for agriculture, forestry, patrolling, surveying, and sling work.  The aircraft has approved 337s for spray gear.

The last annual was completed in September 2012

Time Life Limited Systems Status:  Below are some of the life limited parts/components with the hours on those components.

Main Rotor Blades 176 and 324 hours on each

Main Rotor Head 898 hours

Main Servos 297 hours

Swash Plate Assembly 0 hours since new

Tail Rotor Blades 737 hours

Tail Rotor Gear Box 61 hours

Tail Rotor Yoke 1071 hours

Transmission 841 hours

The aircraft is in average condition for an aircraft that is used in the forestry, and surveying industry.  The interior is utility configured. It has a basic utility military interior with lightweight pilot and co-pilot seats. No other interior is installed.

Additional Equipment:

Simplex Spray System – Current estimated value $50,000 Cargo Hook – Current estimated value $3,000 Ground handling wheels – Current estimated value $1,500

This appraisal on N4692Z a Bell UH-1E was completed March 29 2013.  The appraisal was based on information provided to the appraiser by Mark Klokkenga.

Additional and/or optional equipment that add to the aircraft value are listed below with estimated current market values.  This also includes spare parts that are included with the aircraft.

Spray gear system $50,000

Main rotor blade $140,775

Main rotor blade $167,624

Tail rotor blade $4,986

Tail rotor blade $4,986

Tail rotor grip $6,069

Tail rotor grip $6,308

Swashplate/Support $49,006

Cargo hook $500

2 Mil Set ground wheels $1,500

Flymall.org Market Watch – See below for applicable models

205 A-1

204 B

UH-1E

UH-1B

UH-1H

Click here for all Bell aircraft.  This will allow you to view the 205 A-1, 204 B, UH-1E, UH-1B, and the UH-1H at the same time.

The information herein has been prepared from many sources and believed to be correct. The appraiser cannot warrant the accuracy of the source material.  The appraiser referenced numerous websites for data and information to compute a fair market value on 4692Z.  At the time of the appraisal there were no comparables listed on the many “aircraft for sale” websites.  All aircraft information provided to the appraiser was presumed to be authentic and accurate.

The appraiser hereby certifies that he has no personal interest in this aircraft identified in this appraisal or any bias toward any of the parties who may be involved in the resulting transaction coincident to this report. The appraiser fee is not contingent upon a predetermined value being reported or a percentage of the value being reported.

The fair market value for 4692Z is based on the research stated in this report and historical sales data versus appraisal values. The appraiser used several similar aircraft listed for sale as a reference.  The appraiser used the current asking price of those aircraft and calculated an estimated actual sale or purchase price based on the current market status.  In addition the appraiser used a documented trade in value given to N4692Z in August 2011.

It is the opinion of this appraiser that the fair market value of the above aircraft is:

$383,333.00 USD

 

Comments Off on N4692Z Appraisal

Category Newsletters | Tags:

Social Networks: Facebook, Twitter, Google Bookmarks, del.icio.us, StumbleUpon, Digg, Reddit, Posterous.

N39MK Appraisal

Sunday, March 31st, 2013

N39MK Online Appraisal report

1980 Bell 206B

Engine – ALLISON 250-C20

Click here for more pictures

Comments:  The aircraft is hangared at KHJO – Hanford Municipal Airport in Hanford, California. The aircraft is operated under CFR Part 135 and 133.

Maintenance Annual Date:  The last annual was completed July 9 2012 at 15,775 hours.  The last 100 hour airframe inspection was completed July 9 2012 at 15,775 hours.  The last 100 Hour KAflex Driveshaft inspection was completed July 9 2012 at 15,775 hours. The last 100 hour engine inspection was completed July 9 2012 at 15,775 hours.  Other hourly and monthly inspections appear to be current and up to date.

Comments:  The maintenance/inspection tracking and/or record keeping is in the form of an Excel Spreadsheet and is organized and appears to be kept current. Life limited and/or cycle limited parts are tracked in the Excel Spreadsheet.

Historical Damage:  On September 23 2005 the tail boom was cut/severed (Source NTSB website).  Click here for NTSB report on accident.

This appraisal on N39MK a Bell 206B was completed March 29 2013.  The appraisal was based on information provided to the appraiser by Mark Klokkenga.

Aircraft BlueBook Price Digest Spring 2013 Edition – The average Blue Book value not adjusted for actual times is $327,000.00 as of March 28 2013.

Controller.com

Flymall.org Market Watch –  Click here for 206B III data.

National Aircraft Appraisers Association online Estimated Aircraft Value Calculator The NAAA estimated value for N39MK based on actual times is $365,458 as of March 28 2013.

The information herein has been prepared from many sources and believed to be correct. The appraiser cannot warrant the accuracy of the source material.  The appraiser referenced numerous websites for data and information to compute a fair market value on N39MK.  All aircraft information provided to the appraiser was presumed to be authentic and accurate.

The appraiser hereby certifies that he has no personal interest in this aircraft identified in this appraisal or any bias toward any of the parties who may be involved in the resulting transaction coincident to this report. The appraiser fee is not contingent upon a predetermined value being reported or a percentage of the value being reported.

The fair market value for N39MK is based on the research stated in this report and historical sales data versus appraisal values.

It is the opinion of this appraiser that the fair market value of the above aircraft is:

$346,229.00 USD

 

Comments Off on N39MK Appraisal

Category Newsletters | Tags:

Social Networks: Facebook, Twitter, Google Bookmarks, del.icio.us, StumbleUpon, Digg, Reddit, Posterous.

Frederick Tower May Close

Friday, March 22nd, 2013

Due to the cut backs the recently opened Frederick Tower may be closed.  Click here for story on CNN.

 

Here is the FAA’s list of the towers that could be closed.

Comments Off on Frederick Tower May Close

Category Newsletters | Tags:

Social Networks: Facebook, Twitter, Google Bookmarks, del.icio.us, StumbleUpon, Digg, Reddit, Posterous.

Gustave Albin Whitehead

Friday, March 15th, 2013

Gustave Albin Whitehead, born Gustav Albin Weisskopf (1 January 1874 – 10 October 1927) was an aviation pioneer who emigrated from Germany to the U.S., where he designed and built early flying machines and engines from 1897 to 1915. Whitehead reportedly flew several times in his own powered aircraft designs in 1901 and 1902, before the Wright Brothers historic 1903 flights near Kitty Hawk. These claims, though supported by researchers in the 1930s and later, have been examined and dismissed by some mainstream aviation historians, especially those associated with the Smithsonian Institution.

Click here for more on Gustave

Comments Off on Gustave Albin Whitehead

Category Newsletters | Tags:

Social Networks: Facebook, Twitter, Google Bookmarks, del.icio.us, StumbleUpon, Digg, Reddit, Posterous.

Wright Brothers Not First in Flight

Friday, March 15th, 2013

Click here for full story in Flying Magazine

Comments Off on Wright Brothers Not First in Flight

Category Newsletters | Tags:

Social Networks: Facebook, Twitter, Google Bookmarks, del.icio.us, StumbleUpon, Digg, Reddit, Posterous.

Today in Aviation History
March 24, 1949: The Bell XH-12 set a world speed record for helicopters by flying 134 mph over a measured course at Niagara Fall Airport. The previous record was 124 mph.